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    2943 S Rutherford Blvd Murfreesboro, TN 37130

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    For Lease
    $22 SF/Yr ($2,566 /Mo)

    Retail space near Middle Tennessee State University for lease.

    Property size:
    1,400 SF
    Lot size:
    1.04 Acres

    Property Features for 2943 S Rutherford Blvd

    General Information

    Size
    1,400 SF
    Lot size
    1.04 Acres

    Source: Colliers | Nashville Agent Woody Widenhofer

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space Near MTSU

    This retail space is located within 1 mile of Middle Tennessee State University, which has over 21,500 students. The property has a size of 1,400 square feet. The surrounding area includes more than 20,300 households within a 3-mile radius. Traffic counts from 2021 show 28,080 vehicles per day on South Rutherford Boulevard and 17,086 vehicles per day on Dr. Martin Luther King Jr. Boulevard.
    Insight Report Location Intelligence

    Current Use by Public Records

    Steed Julia M Doctor AT&T Store Cell Phone Store Stoffey Warren J Nursing Agency Med Gyro & Shawarma Mediterranean Restaurant Sparks Jan C Medical Clinic

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Murfreesboro
    County
    Rutherford
    State
    Tennessee
    Longitude
    -86.3519794
    Latitude
    35.8324351

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    FAQs

    What type of property is this?
    Retail space - Retail space near Middle Tennessee State University for lease.
    Where is this retail space located?
    The property is located at 2943 S Rutherford Blvd Murfreesboro, TN.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: - High traffic counts: **28,080 VPD (S Rutherford Blvd) and 17,086 VPD (Dr MLK Jr Blvd)**; - Located within 1 mile of Middle Tennessee State University (over 21,500 students); - More than 20,300 households within 3 miles
    (615) 850-2700
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    2943 S Rutherford Blvd Murfreesboro, TN 37130
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2943 S Rutherford Blvd Murfreesboro, TN 37130
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